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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 10, 2005
LAMAR ADVERTISING COMPANY
LAMAR MEDIA CORP.
(Exact name of registrants as specified in their charters)
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Delaware
Delaware
(States or other jurisdictions
of incorporation)
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0-30242
1-12407
(Commission File
Numbers)
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72-1449411
72-1205791
(IRS Employer
Identification Nos.) |
5551 Corporate Boulevard, Baton Rouge, Louisiana 70808
(Address of principal executive offices and zip code)
(225) 926-1000
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On August 10, 2005, Lamar Advertising Company (the Company) issued a press release announcing the
pricing of an institutional private placement of senior subordinated notes of Lamar Media Corp.,
its wholly owned subsidiary (Lamar Media). The press release is furnished as Exhibit 99.1 to
this current report on Form 8-K and is incorporated by reference herein, in accordance with Rule
135 of the Securities Act of 1933, as amended.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
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Exhibit |
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No. |
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Description |
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99.1 |
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Press Release of Lamar Advertising Company, dated August 10, 2005, announcing the pricing
of a private placement of senior subordinated notes of Lamar Media Corp. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: August 10, 2005 |
LAMAR ADVERTISING COMPANY
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By: |
/s/ Keith A. Istre
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Keith A. Istre |
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Treasurer and Chief Financial Officer |
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EXHIBIT INDEX
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Exhibit |
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No. |
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Description |
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99.1 |
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Press Release of Lamar Advertising Company, dated August 10, 2005, announcing the pricing of a
private placement of senior subordinated notes of Lamar Media Corp. |
exv99w1
5551 Corporate Boulevard
Baton Rouge, LA 70808
Lamar Advertising Company Announces Pricing
of Private Offering of Senior Subordinated Notes
Baton Rouge, LA Wednesday, August 10, 2005 Lamar Advertising Company (Nasdaq: LAMR)
announced today that it has agreed to sell $400.0 million principal amount of 6.625% senior
subordinated notes due 2015 of Lamar Media Corp., its wholly owned subsidiary, in an institutional
private placement, as previously announced. The closing of the sale is expected to occur on August
16, 2005 and is subject to customary closing conditions.
Lamar Media intends to use the net proceeds of this offering to repay a portion of its bank credit
facility.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any of the
notes.
The notes subject to the private placement have not been registered under the Securities Act of
1933, as amended, or any state securities laws, and are being offered only to qualified
institutional buyers in reliance on Rule 144A under the Securities Act and to non-U.S. persons in
offshore transactions in reliance on Regulation S. Unless so registered, the notes may not be
offered or sold in the United States or to U.S. persons except pursuant to an exemption from
registration requirements of the Securities Act and applicable state securities laws.
Forward Looking Statements
This press release contains forward-looking statements regarding Lamar Medias ability to complete
this private placement and its application of net proceeds. These forward-looking statements
involve a number of risks and uncertainties. Among the important factors that could cause actual
results to differ materially from those results indicated in the forward-looking statements include
uncertainties relating to market conditions for corporate debt securities generally and for the
securities of advertising companies and for Lamar Media in particular.
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